Gold Membership Terms


General Terms

By accessing this website, you agree to be legally bound by the following terms. If you do not agree to be legally bound by all of the following terms then please do not access and/or use this website.

These terms shall be governed by the law of England and Wales and the courts of England and Wales shall have exclusive jurisdiction to settle any dispute or claim that arises out of, or in connection with, these terms or their subject matter.

Britdaq is NOT authorised or regulated by the Financial Conduct Authority in the provision of financial advice.

This website is solely for the provision of information and does not constitute an offer to buy or sell any stock, share or any other product mentioned herein.

No advice is given or should be inferred.

This website serves only to help clients to make their own investment decisions. Accordingly, it may not be suitable for all users and does not constitute a personal recommendation.

The value of investments and the income from them can fall as well as rise and investors may get back less then they originally invested. In the case of higher volatility investments, these may be subject to large or sudden falls in value.

Prices cannot be guaranteed.


You agree that you understand that Britdaq is an information website, and is not a regulated stock market, or even a market at all.

You understand that no actual share trading occurs on the Britdaq platform itself.

You understand that all Britdaq does is allow investors to indicate an intention to find a match in various private companies, and assist them in executing a private transaction thereafter.

Any individual who is in any doubt about any proposed investment or transaction should consult an authorised person specialising in advising on investments of the kind in question.


Gold Membership - Disclaimer

All transactions in unlisted securities will be carried out as Private Transactions between buyer(s) and seller(s). No advice will be given as to the suitability of the investment for you. If you have any doubt as to the suitability of this service, you should consult an authorised financial adviser.

Unlisted securities are not traded on a Regulated Market or a Recognised Investment Exchange. The shares are classified as Non-readily Realisable Investment. Transactions in these shares may be infrequent, the price may fluctuate significantly, there is no standard market price and shares may be illiquid, therefore difficult to buy or sell.

There may be a delay between Britdaq receiving your intention to match and the completion of the arrangement of the trade. This is due to the requirement to communicate with both buyer and seller.

When a match has been made, successful completion is subject to satisfactory settlement of the trade. Whilst every effort is made to complete the matching arrangement, Britdaq shall not be responsible nor liable if either buyer or seller fails to complete the transaction.

IMPORTANT - Britdaq reserves the right to terminate Gold Membership if, after they have confirmed their agreement to trade with another member, members fail to complete the trade for any reason.

Sellers must return the share transfer form correctly completed. If we also require a share certificate you will be informed.

Buyers must pay the purchase amount along with Stamp Duty if appropriate.

Both Buyer and Seller are also required to pay the Britdaq Arrangement Fee before the trade can complete.


Charges

An arrangement fee of 2% of the consideration of each transfer, subject to a minimum fee of £49.00 will be payable for each transfer. Purchases above £1,000 may be subject to 0.5% Stamp Duty. These charges and taxes may change and you will be notified of any changes before you confirm your intention to match.

If you decide to use Britdaq to conduct this service, you will have to register as a Gold Member of Britdaq. Since unlisted securities are Non-Readily Realisable Investments, if you are a buyer you confirm that you have sufficient knowledge and experience and that your financial circumstances permit you to buy unlisted securities.

Please note that the value of your investments, and any income you receive, may fall and you may receive less than, or none of, the money you invested. Past performance is not necessarily a guide to future performance and should not be relied on. As unlisted securities are higher volatility investments these may be subject to large or sudden falls in value.

Britdaq is not a specialist tax adviser and you should seek specialist advice regarding your personal tax situation and the consequences any investment decisions may have upon your personal circumstances.


Britdaq / Global Custodial Services ("GCS") Disclaimer

THIS DISCLAIMER APPLIES TO ALL SERVICES RENDERED BY GLOBAL CUSTODIAL SERVICES LTD ("GCS") TO BRTIDAQ LIMITED AND THIS TEXT (IN SUBSTANTIALLY THE SAME FORMAT AND GIVEN SUFFICIENT PROMINENCE SO AS TO BE ABLE TO BE BROUGHT TO THE ATTENTION OF ALL READERS) MUST BE INCLUDED BY BRITDAQ LIMTED IN THE WEBSITE, TERMS AND CONDITIONS, FINANCIAL PROMOTIONS, APPLICATIONS FOR INVESTMENT AND ANY OTHER MARKETING MATERIALS DISTRIBUTED BY BRTIDAQ LIMITED WHEN USING THE SERVICES OF GCS.

Global Custodial Services Ltd ("Global Custodial Services") (a Company incorporated in England and Wales under Company number 08321940, having its registered office situated at 3rd Floor, 100 New Bond Street, London W1S 1SP, England) is authorised and regulated by the Financial Conduct Authority ("FCA") under the Financial Services and Markets Act 2000 (with authorisation number 595875) to carry on certain regulated activities and may hold money for its clients which is or may be client money in accordance with the applicable provisions of the FCA Handbook (the "FCA Rules").

Global Custodial Services ("GCS") Disclaimer

Any reference in this Disclaimer to "you" (or related wording) refers to any recipient of information which includes this Disclaimer, including any potential investor in the Investments (as defined below) (an "Investor").

  1. You acknowledge that you, or an Investor or other organisation with which you are associated, may disclose personal data about you to Global Custodial Services in connection with an actual or potential Investment. Information about Global Custodial Services' use and other processing of your personal data and your related rights is available in its privacy notice at https://www.gcpartners.co/privacy-and-cookies-policy.
  2. You acknowledge and agree that: Global Custodial Services is a service provider to the issuer (including for these purposes, any officer, employee or agent acting on behalf of the Issuer) (the “Issuer”) of the instruments (including, but not limited to, investments within the meaning of the UK Financial Services and Markets Act 2000) referred to in this website (the “Investments”); Global Custodial Services is not responsible for the content of any of the documents produced or provided by, or relating to, the Issuer or the activities of the Issuer; Global Custodial Services accepts no responsibility for any information contained in such documents or this website. Where you have any rights against the Issuer, you will only be able to exercise such rights directly against the Issuer. You do not, and will not, have any contractual or other rights against Global Custodial Services in connection with the Issuer or the Investments or this website.
  3. You acknowledge and agree that you are not a “client” of Global Custodial Services for the purposes of the FCA Rules, or under any contract, or for any other purpose.
  4. Any Investments that you may purchase from the Issuer shall be so purchased based on your explicit acknowledgment and understanding that Global Custodial Services does not and will not provide, and has not provided, and has no obligation to provide, any services to you in connection with such Investments, and in particular (but without limitation) Global Custodial Services:
    1. Has not made any recommendation or provided any advice to you at any stage of your assessment of such Investment;
    2. Has not solicited you to purchase such Investment;
    3. Has not endorsed, whether directly or indirectly, any statement or representation upon which you may rely when purchasing such Investment;
    4. Shall have no liability towards you or any other Investor arising from the reliance by you or any other Investor on any due diligence which Global Custodial Services may have conducted regarding the Issuer and/or its promoters in the ordinary course of Global Custodial Services’ business;
    5. Shall not be under any obligation to deliver, or procure the delivery of, any Investment to you and/or to any other third party whatsoever;
    6. Shall have no liability to, and shall not, make any reimbursement to you and/or to any other third party whatsoever in the event of any failure or delay in the delivery of any Investment; and
    7. Shall have no liability to, and shall not, make any reimbursement to you and/or to any other third party whatsoever in the event that any attempted purchase of the Investment is not accepted (save for an obligation of Global Custodial Services to the Issuer to make payment of funds on behalf of the Issuer to the extent that the Issuer has placed Global Custodial Services in funds to make such reimbursement and instructed Global Custodial Services to make such reimbursement).
  5. Global Custodial Services will only receive payments from you for the account of the Issuer if such payments are made in the form of electronic funds transfers into bank accounts held by Global Custodial Services in the name of Global Custodial Services. You shall not make, or attempt to make, any payment into any bank account held in the name of Global Custodial Services which is in a form other than an electronic funds transfer (for example, by cheque, cash payment or cash deposit). You acknowledge that attempted payment by cheque, cash payments or cash deposits may lead to severe delays to the relevant transaction, and Global Custodial Services accepts no liability for any costs or other consequences you may incur as a result of such delay.
  6. You understand, acknowledge and agree that you receive (and will receive) no services from, and are owed no duties by, Global Custodial Services, therefore to the extent that you incur or suffer any losses, liabilities, costs, damages, and expenses (“Losses”) as a result of or in connection with contracting to purchase any Investment, neither Global Custodial Services nor any of their respective officers, directors or employees shall (unless imposed by mandatory law) be liable (whether as a matter of contract, negligence or otherwise) to you and/or any third party whatsoever for any such Losses, including (without limitation) any Losses which may be incurred or suffered by you in connection with or arising from:
    1. The performance, non-performance or delay in performance by the Issuer of any of its obligations pursuant to any agreement, undertaking, statement or representation whatsoever that may be made by the Issuer;
    2. Your purchase of the Investment;
    3. The provision of any facilities, the making of any payments or the undertaking of any foreign exchange transactions to or for you by any person in connection with your purchase of Investments.
  7. You understand, acknowledge and agree that, without limitation of Global Custodial Services' general exclusion of liability for Losses in the preceding section, upon contracting to purchase any Investment, neither Global Custodial Services nor any of their respective officers, directors or employees shall:
    1. Under any circumstances be liable to you for any loss of profits or goodwill, anticipated savings, or any type of special, indirect or consequential loss arising in connection with your purchase of the Investment; or
    2. Be in any way responsible or liable for the acts or omissions of the Issuer or any other person.
  8. The Issuer warrants that it has and continues to have any and all approvals required in respect of the Issuer’s engagement of Global Custodial Services to provide any services which Global Custodial Services has agreed to provide to the Issuer, and such approvals have been duly obtained by the said Issuer.
  9. Should you wish to make separate arrangements to avail yourself of any service/s offered by Global Custodial Services, its sister company, Global Currency Exchange Network Ltd, or any other members of the GC Partners Group, you may contact such entities separately. Any services provided to you by such entities will be provided separately, and will not be governed by this documentation but by the relevant Terms and Conditions which you will agree separately with the relevant entity in the GC Partners Group.